$BTC $ETH
🔥Today's Big Financial Event!
$3.39 billion in Bitcoin and Ethereum options are about to expire!
According to data from Greeks.live, 29,000 BTC options and 164,000 ETH options are set to expire collectively!
In terms of BTC options, the nominal value of $2.84 billion is astonishing, with a Put Call Ratio of 1.1, and the maximum pain point locked at $86,000! What does this mean? The market is about to face a major test!
Meanwhile, ETH options are not to be outdone, with a nominal value of $550 million, a Put Call Ratio of 0.65, and the maximum pain point aimed directly at $3,050! It seems ETH is ready to lead altcoins into battle!
Greeks.live researcher Adam also revealed a little secret: Bitcoin has already broken through the $90,000 mark, approaching $100,000, and ETH is bouncing back along with its little brothers! The market atmosphere is extremely optimistic!
However, this week, 8% of the positions are set to expire, and the significant rise in ETH has greatly increased the implied volatility of major expiration options, while BTC remains relatively stable. Overall, the market is still flourishing, and the risk of a pullback in Bitcoin is temporarily alleviated!
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